The Evalutation Method And Empirical Research Of The Efficiency Of Government Public Investment Of Zhejiang Provience

As an important component of the total social investment, the government public investment has the influence of make up the market defects, adjustment on national economy,carry out the government macro regulation and so on. It always plays a key role of the whole process of the economy and social development.The start of the2008global financial crisis results in ongoing weakening in economy of occident, the development model of guiding by the market is questioned continuously in recent years, at the same time, the government public investment has gradually become a powerful weapon of develop economy. How to strengthening the infrastructure construction, such as the railways, highways and electric Power facilities, than "moving" Private investment and expanding domestic demand, consequently face the serious economic crisis has become the focus everybody cares,even more it becomes an important part of decision-making. Meanwhile, in the condition of market failure, whether the government public investment can exert its function is related to the problem of the efficiency of government public investment. This is also the key point of this article.Owing to the rapid economic development in Zhejiang and its individually-run economy has developed rapidly too, in recent years, the government has also paid more attention to the government public investment. So this Paper’s spindle is the empirical researches to the efficiency of government public investment of Zhejiang province has great study implications. This article falls into three parts. Firstly analyzes the necessary connotation of government public investment and the efficiency of government public investment. Then it makes an empirical analysis of the output efficiency, the scale efficiency and the structure efficiency of Zhejiang government public investment. At last finds the problem of government public investment of Zhejiang province and puts forward the Practical significance strategies for it.